# VAT breaks ground on Phase Three factory extension in Penang, Malaysia

Swiss vacuum valve maker VAT Group held a groundbreaking for a 39,200 square meter factory extension in Penang, Malaysia. The project will create about 500 jobs and more than double the Malaysian operation's production capacity.

- Type: Expansion
- Announced: 2022-01-27
- Where: Penang, Malaysia
- Value: $76.0M (321.0M MYR)
- Jobs: 500
- Status: under construction
- Capacity: More than double current production capacity
- Products: high-performance vacuum valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [VAT Group](https://endata.com/companies/7146.md)

## Sources

- [investpenang.gov.my](https://investpenang.gov.my/press-release-vat-holds-groundbreaking-ceremony-for-its-phase-three-factory-extension-in-malaysia/), 2022-01-27: "The new plant will cover an area of about 39,200 square meters and is estimated to create 500 employment opportunities once completed and running at full capacity."
- [malaymail.com](https://www.malaymail.com/news/money/2022/01/30/vat-groups-penang-factory-extension-to-contribute-50pc-of-groups-global-pro/2038483), 2022-01-30: "the Phase Three extension would substantially increase the company's production capacity, with an initial investment of about RM321 million between 2022– 2024"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.